With the rise of the e-commerce industry came the downfall of traditional physical stores. There have been plenty of closures among national and international brands, including department stores as of late. Over the past several years, a lot of retailers have shut down their brick-and-mortar stores at unprecedented rates. Sadly, the trend is expected to go up further in 2020. This covers all businesses from electronic stores to clothing lines to home goods! The stores on this list are all due to close some or all of their stores before the year comes to a close.
Say Goodbye To These Stores That Are Closing Shop This Year
Payless
Payless ShoeSource boasts the highest number of store closures among all the companies that plan to close this year. The company plans to close more than 2,500 stores and hold clearance sales to do away with their goods and liquidate their stores. There are stores that will remain open until May, but the other ones are going to close by the last week of March.
Payless
